<p>Ok so my goal is to have my own business. Whether it be a night club, a website, a hot dog stand, property, I just want to own it myself and make tons of cash out of it. I am thinking of going to UCSB or UCLA bizecon, or business administration in SDSU. My parents are fairly rich and can help me start up. I just want to know, in your well-experienced opinion, which path is more realistic and practical for my goals. I want to here from people that have their own businesses and either took one or the other major, or both. Thanks a bunch!</p>
<p>SDSU is the most practical for what you want to do</p>
<p>thanks for the opinion.. may I ask if you have your own business? what is your major btw, and school?... i should include that I want to invest in stocks in the future as well... yes, i kind of agree that the classes that I will take in business administration will be more relevant to what I want to do.. the factor that's pulling me towards ucsb or ucla is the 'networking' factor and alumni connection I hear so much about...but i mean, can i really use all that theoretical stuff I learn in bizecon in the real world? and if i do choose biz admin, which emphasis do you think will help? finance/ management/ accounting/ marketing/ real-estate/ information systems?</p>
<p>University of Arizona has the #1 Entrepreneurship program in the country. That's probably what you would be looking to major in. Do you want to stay near/on the West coast? If so, here are some other schools with good programs
Loyola Marymount
BYU
USC
University of Oregon
Chapman</p>
<p>so what is the basic/detailed difference of business administration and entrepreneurship? I see the list in entrepreneur.com but are there other rankings of best entrepreneurship programs other than this? does usnews rank the best entrepreneurship prog?</p>
<p>also, which one is the most 'theoretical' and most 'practical' of the three for owning my own business? business administration, entrepreneurship, or bizecon?</p>
<p>I used to have my own Financial/IT consulting business. It was fairly small, but I was making about $250K profit per year. However, two years ago I decided to go back to work for a large business where I make less. I won't go into the reasons for this on here.</p>
<p>My undergraduate school was Cal State Long Beach (acct/finance major), then UCLA for my MBA (ops mgmt/IT major).</p>
<p>In my opinion you are probably very slightly better off at SDSU than UCSB. You should realize, though, that either school will work for you, and if you already know what kind of business you want to go into--and can get experience in this field at UCSB--that could be the better choice. </p>
<p>For example, if you plan to market some kind of engineering invention for environmental pollutants, you might be better off at UCSB in an environmental engineering major with a minor in business econ/accounting.</p>
<p>The reason I say SDSU is slightly better is because you will get all of the business courses there--accounting, finance, production operations, mathematics/statistics, economics, marketing, management, IT systems, business law, and human resources management. At UCSB you will probably only get the accounting, mathematics/statistics, ops research and economics courses. Also, you can take some courses in Homeland Security there at SDSU and San Diego is a giant breeding group for medical inventions. New businesses associated with these will be large growers in the future IMHO. </p>
<p>Here's something you need to consider: In the Silicon Valley, engineers from Stanford or UC Berkeley have new inventions all the time, but normally need help starting up the companies to get them started--thus the reason for the venture capital companies on Sand Hill Blvd in Palo Alto. The venture capital firms find the talent to handle the business end, then put money in to help these companies get started and take a cut of profits in return.</p>
<p>In San Diego, the same thing is happening, but instead of high-tech computer businesses, the inventions are in the medical and biotech areas. You need to get the business experience and then hook up with the engineers in San Diego working in these areas to find products to bring to market. This is one of your best chance to start up a successful large company (along with real estate investment) in California. </p>
<p>Lastly, I do agree that having a degree from a UC on the resume generally looks better than a Cal State--although Cal Poly SLO and SDSU are probably the two possible exceptions to this.</p>
<p>Best of luck.</p>
<p>P.S. I'm not suggesting new schools because from your other posts you appear to be a senior who needs to decide between UCSB and SDSU right now. If that is not the case, then you could also consider other schools like UCSD or other business schools majoring in entrepreneurship.</p>
<p>250k profit/yr is great. Too bad California expenses probably eat so much of that up. What can ya do though it sounds like you needed to be close to Silicon Valley.</p>
<p>I dont think the school you go to really matter in terms of starting your own business. A lot of it has to do with the intangible factors (people skills, sales skills, leadership, persistence, etc.), but accounting may help out a bit.</p>
<p>yeah, im not really much of a fan of economics because i'm taking micro economics and can't seem to find the use of knowing all these little formulas like tc=fc+vc and atc=afc+avc and how it leads to another formula and so on. I mean, in real life, I woudn't rely on these formulas because it might even confuse me more than help me. I don't know if the rest of the accounting major is like this though. I would, however, look at financial statements instead. I notice, from my readings, that ivie league employers still have to provide some sort of business training to for a few months, i'm thinking what more if they did that their whole upper-division.</p>
<p>$250k/year is exactly what I want, but as the business stabilizes, I want to be less involved in it so that I can do other fun things. May I ask why'd switch jobs?</p>
<p>I'm currently a junior, i don't know where to transfer though. I'm thinking, if I choose a university in a state with growing economy, it would be easier to start-up, like UTexas, UArizona, etc. But then again all my family is in CA. Im still waiting on Cal and USC too. wow, this is really making me re-evaluate my life.</p>
<p>You should look into UNC. They have one of the best, if not the best, entrepreneurship programs in the country.</p>
<p>My reasons related to my health, the demands of the business relative to travel vs. being with my wife and family, as well as questions about the stability of the income stream that made me realize that at least for the next few years it was better for me to be close to home and in a regular job. It's kind of like you said, as the business matures you want to be less involved in it, but in this case, that wasn't possible.</p>
<p>So I got a job with a company less than two miles from my home. Yep, I've got that tough 5-minute commute to work each day--which is a whole lot different than the fly out on Sunday, three days at one client, two days at another, spend the weekend on a hotel preparing the next week's presentation and work plan, and finally getting back home after three weeks away schedule. Now I can spend my time sailing and golfing on the weekend with my wife--well, that is, I can do this if there's any money left over from paying for my son's college education--and if I'm not spending all my time on this site.</p>
<p>I should also point out that my wife went to work once I quit running my own business. So even though the total income dropped, it wasn't all that bad. She said she was bored staying at home anyway. But home prices here are crazy--$900,000 and up--and that's for a 2500 sq foot home.</p>
<p>I agree with you abate_master. I don't find much use for many of those econ formulas except for use by the people in government jobs. (Don't tell my wife, though--she was an Econ major). Anyway, that's why I consider the business courses to be much more applicable to a real business environment and usually recommend them over Econ to students on this site--especially to those interested in the entrepreneurial route.</p>